#市场调整策略 Last night, this wave of selling was indeed deep, fierce, and ruthless; there is no doubt that those who went long were stopped out. From the statistical data, over 195,500 people have been liquidated in the past 24 hours, with long positions liquidated for $550 million, while short positions were only $59.25 million—it's a targeted slaughter of long positions!

In the face of such a market dump, all candlestick charts and analyses seem powerless; all we can say is, condolences to the bulls. If it were spot trading, there would be no panic; each dump allows you to buy in at a lower cost. However, with contracts, you must control your position well; you can stop loss, but you must not get completely liquidated. From the liquidation chart, the bulls have indeed been almost completely washed out. It is said that in a bull market, bulls often get pricked; before a surge, they love to deceive and whip, but if they keep shouting like this, and retail investors get washed out, who else will come to play?

Bitcoin's long position defends at 96,000 here; this is the last defense and stubbornness, while Ethereum longs have already stopped out. At this point, there aren’t many opinions on the market; during the day, it’s likely to be a consolidation and fluctuation, and when the U.S. stock market opens in the evening, the real action will begin. U.S. stocks fall, gold falls, A-shares fall, Bitcoin falls, Ethereum falls—each one is a living dead!